Career Training Education Provider
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $435000
Net Profit / Cash Flow $200800
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1993
Number of Employees 4 - 5
Inventory 47747
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Provided.
Reason for Sale Opening new campus.
Description This school is a private provider of computerized training for general and job oriented business skills. The goal of its courses is to provide training for people who need skills in order to enter or re-enter the workforce.
Many of the school's students have been laid off from other segments of the economy, as manufacturing plants have closed or reduced their workforces. This school provides training to these people in practical computer skills that can be used to find employment elsewhere.
The curriculum provides courses that are offered on a learn-at-your-own-pace basis. In this type of training, the student sits at a computer with a course book that guides the student through the material. As the student reads the material, he or she will use the computer for examples on the actual skill being learned. While the students are learning at their own pace, the school also provides a roving instructor that helps students individually when they have questions or problems with the course material.
Generally, the courses offered at this school consist of courses that offer general computer skills or courses that offer practical skills, such as learning medical coding software. The actual courses are proprietary and have been specifically designed into the curriculum to teach a wide range of practical skills in the areas covered.
In 2006, the school opened a new campus in a different market that required the focus of the owners. This distraction negatively affected the 2006 results, which were below the $157,000 cash flow level of 2005. Now that the new campus is up and running, the owners believe that this campus will return to its 2005 level of cash flow going forward. Contact for more information on this Career Training Education business for sale.
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